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Somerville 02145 Magoun Square
8 Hinckley St
$395,000
● House - Off Market

8 Hinckley St

Somerville, MA 02145
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,856 Ft²
$810,378
RealtyHop Estimate
103.10%
Since Oct 1, 2003
MA-Boston
Primary Model

About This Property

LOVELY MANSARD SINGLE FAMILY. 1ST FLOOR HAS EAT-IN KITCHEN FORMAL DINING ROOM AND LIVING ROOM. THE SECOND FLOOR FEATURES THREE BEDROOMS AND ONE BATH. HARDWOOD FLOORS THROUGHOUT 3 CAR PARKING AND A NICE SUNNY YARD!!!
Unit Size
1,856 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$215
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 years ago (MLSPIN #30720451)

Price History

Date / Event Date Event Price
Sep 5, 2003 Sold
Premium
Sold
May 12, 2003 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $399,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 8
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,515
  • Total Building Area: 1,632
  • Gross Building Area: 3,025
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000104
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 350300

Zoning

  • Zoning: NB

Geography

  • Account Number: 2075095
  • District: 274
  • Parcel: SOME M:32 B:C L:22
  • Block: C
  • Lot: 22
  • Municipality: SOMERVILLE
  • Latitude: 42.3972
  • Longitude: -71.1051

    Address

  • Full Address: 8 Hinckley St
  • Address - House Number: 8
  • Address - Street Name: Hinckley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C081
  • 4-Digit Zip Code: 2514
  • Zip Code: 02145

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,080,800

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,016,367
  • High Value: 1,196,859
  • Low Value: 835,875

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,027,400
  • Assessed Land Value: $535,800
  • Assessed Improvements Value: $491,600

    Sales

  • Current Sale Recording Date: Mar 02, 2016
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 32652
  • Previous Sale Recording Date: Sep 05, 2003
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Magoun Square

Stats & Trends

Median Asking:

$824,500

Sale Price/ft²

$652

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1491 ft²

Average Home Age

41 years

Currently For Sale

6 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 205 Walden St, Cambridge, MA, 02140

$3,082 /mo

  • 2 Beds
  • 1 Bath
  • 963 ft²
205 Walden St #The Chilton, Cambridge, MA, 02140 Listing by Equity Residential
Unit for rent at 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 30720451

Frequently Asked Questions

When was property at 8 Hinckley Street built and last sold?
The property at 8 Hinckley Street was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Hinckley Street is $0.
What are some comparable homes to 8 Hinckley Street?
There are currently no comparable homes to 8 Hinckley Street.
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